Deutsche Bank Reiterates “Hold” Rating for Informa PLC (INF)
Informa PLC (LON:INF)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank in a report released on Thursday, AnalystRatings.Net reports. They currently have a GBX 590 ($9.68) price objective on the stock. Deutsche Bank’s target price suggests a potential upside of 11.74% from the company’s current price.
Shares of Informa PLC (LON:INF) traded down 0.28% on Thursday, hitting GBX 528.00. The stock had a trading volume of 765,835 shares. Informa PLC has a 1-year low of GBX 465.50 and a 1-year high of GBX 577.00. The stock has a 50-day moving average of GBX 542.2 and a 200-day moving average of GBX 537.9. The company’s market cap is £3.183 billion.
A number of other firms have also recently commented on INF. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Informa PLC in a research note on Friday, February 7th. They now have a GBX 570 ($9.35) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Informa PLC in a research note on Monday, February 3rd. They now have a GBX 540 ($8.86) price target on the stock. Finally, analysts at Goldman Sachs downgraded shares of Informa PLC to a “sell” rating in a research note on Monday, February 3rd. They now have a GBX 543 ($8.91) price target on the stock, down previously from GBX 640 ($10.50). Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 559.10 ($9.17).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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